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221 Ellis Lane

221 Ellis Lane, West Chester, PA 19380
Property in East Goshen
Sold May 24, 2000
$180,000
$144,000 by American Federal Mtg Corp
Mortgage Due Jun 01, 2030
221 Ellis Lane has been categorized by the local assessors in West Chester, PA as a residential type of property. The building on the property was first built in 1960 and is 64 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 221 Ellis Lane has 1,740 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 43,560 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a forced air unit and being fueled with oil. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 221 Ellis Lane sold most recently in May 19, 2000 for a total of $180,000. If you work out the math, that's approximately a cost of $103.45 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,106 in taxes each year. 221 Ellis Lane was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $142,890. If we break it down further, the land itself was valued at $62,070. Improvements to the property, however, were assessed at a total of $80,820. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Style: Split level
  • Exterior Walls Type: Stucco
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,740
  • Gross Building Area: 1,740
  • Building Area: 1,740
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,740
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1 AC & DWG

Ownership

  • Current Owner : LYLE JASON P
  • Current Owner 2: LYLE JANET M
  • Previous Owner : MORGAN MICHAEL P
  • Previous Owner 2: MORGAN DEBRA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: West Chester Area School District
  • School Tax School District: WEST CHESTER
  • Census Tract: 302807

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 32-H8
  • District: 53
  • Parcel: 5306 00080000
  • Municipality: E. GOSHEN
  • Latitude: 39.9741
  • Longitude: -75.5586

    Address

  • Full Address: 221 Ellis Ln
  • Address - House Number: 221
  • Address - Street Name: Ellis
  • Address - Suffix Type: Ln
  • State: PA
  • City Name: West Chester
  • Carrier Code: C064
  • 4-Digit Zip Code: 6247
  • Zip Code: 19380

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,106
  • Tax Rate Code Area: 53

    Appraisal Valuation

  • Standard Deviation: 0.1905
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 479,798
  • High Value: 571,214
  • Low Value: 388,383

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $144,000
  • First Open Lien Mortgage Lender: AMERICAN FEDERAL MTG CORP
  • First Open Lien Mortgage Recording Date: May 24, 2000
  • First Open Lien Mortgage Loan Amount: $144,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2030

    Market Valuation

  • Market Total Value: $143,790
  • Market Land Value: $62,070
  • Market Improvement Value: $81,720

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $142,890
  • Assessed Land Value: $62,070
  • Assessed Improvements Value: $80,820

    Sales

  • Current Sale Contract Date: May 19, 2000
  • Current Sale Recording Date: May 24, 2000
  • Current Sale Transaction ID: 1144943674
  • Current Sale Price: $180,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 32719

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FEDERAL MTG CORP
  • First Mortgage Transaction Date: May 24, 2000
  • First Mortgage Loan Amount: $144,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jun 01, 2030

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Frequently Asked Questions

What neighborhood is 221 Ellis Lane located in?
The 221 Ellis Lane is a located in the neighborhood of East Goshen in Chester, West Chester.
What is the average sales price for listings in 221 Ellis Lane?
The average sales price for units in 221 Ellis Lane is $0 currently.

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